document.write( "Question 184157: (a) Plot the data on U.S. general aviation shipments. (b) Describe the pattern and discuss possible causes. (c) Would a fitted trend be helpful? Explain. (d) Make a similar graph for 1992–2003 only. Would a fitted trend be helpful in making a prediction for 2004? (e) Fit a trend model of your choice to the 1992–2003 data. (f) Make a forecast for 2004, using either the fitted trend model or a judgment forecast. Why is it best to ignore earlier years in this data set? Airplanes
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document.write( "U.S. Manufactured General Aviation Shipments, 1966–2003
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document.write( "Year Planes Year Planes Year Planes Year Planes
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document.write( "1966 15,587 1976 15,451 1986 1,495 1996 1,053
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document.write( "1967 13,484 1977 16,904 1987 1,085 1997 1,482
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document.write( "1968 13,556 1978 17,811 1988 1,143 1998 2,115
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document.write( "1969 12,407 1979 17,048 1989 1,535 1999 2,421
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document.write( "1970 7,277 1980 11,877 1990 1,134 2000 2,714
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document.write( "1971 7,346 1981 9,457 1991 1,021 2001 2,538
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document.write( "1972 9,774 1982 4,266 1992 856 2002 2,169
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document.write( "1973 13,646 1983 2,691 1993 870 2003 2,090
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document.write( "1974 14,166 1984 2,431 1994 881
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document.write( "1975 14,056 1985 2,029 1995 1,028
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document.write( "
Algebra.Com's Answer #138184 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! These are all judgement questions. \n" ); document.write( "You should be able to sketch a dot-plot \n" ); document.write( "of the numbers against the years and \n" ); document.write( "describe increase intervals and decrease \n" ); document.write( "intervals. \"Fitted trend\" is a descriptive \n" ); document.write( "term for \"do you see a pattern?\". \n" ); document.write( "-------- \n" ); document.write( "The rest of the problem is similarly \n" ); document.write( "descriptive. \n" ); document.write( "------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |